Account Planning Research Articles

Evaluation of Distribution Transformer Placement Optimal Based on Load Balance

The distribution system is divided into primary and secondary distribution networks. The primary distribution network is the network from the main substation transformer (GI) to the distribution substation, while the secondary is the channel network from the distribution substation transformer to the consumer or load. The primary distribution network is better known as the medium voltage network (JTM 20kV) while the secondary distribution is the low voltage network (JTR 220/380V). The distribution network is the part of the electric power system that is closest to customers or loads compared to the transmission network. Currently, network electricity conditions throughout Indonesia are experiencing a decline of 5% which is due to various factors such as the medium-scale diameter of the conductors used, so at the farthest SR the value of overvoltage is 10%, the allowable voltage drop and must anticipate an increase in electrical load of 22.7 %, the placement of the transformer is not optimal and the distance the electrical energy travels from the transformer to the load is not paid enough attention so that the capacity of a transformer is not optimal and the voltage drop is also greater. Given these conditions, re-evaluation and planning is needed that takes into account planning criteria such as allowable voltage drops and continuity of electricity services so that optimization of the network used can emerge.

Where Are All the Specialists? Current Challenges of Integrating Specialty Care Into Population-Based Total Cost of Care Payment Models.

The Centers for Medicare & Medicaid Services Innovation Center (CMMI) has set the goal for 100% of traditional Medicare beneficiaries to be part of an accountable care relationship by 2030. Lack of meaningful financial incentives, intolerable or unpredictable risk, infrastructure costs, patient engagement, voluntary participation, and operational complexity have been noted by the provider and health care delivery community as barriers to participation or reasons for exiting programs. In addition, most piloted and implemented population-based total cost of care (PB-TCOC) payment models have focused on the role of the primary care physician being the accountability (that is, attributable) leader of a patient's multifaceted care team as well as acting as the mayor of the "medical neighborhood," leaving the role of specialty care physicians undefined. Successful provider specialist integration into PB-TCOC models includes meaningful participation of specialists in achieving whole-person, high-value care where all providers are financially motivated to participate; there is unambiguous prospective attribution and clearly defined accountability for each participating party throughout the care journey or episode; there is a known care attribution transition accountability plan; there is actionable, transparent, and timely data available with appropriate data development and basic analytic costs covered; and there is advanced payment to the accountable person or entity for management of the care episode that is part of a longitudinal care plan. Payment models should be created to address the 7 challenges raised here if specialists are to be incented to join TCOC models that achieve CMMI's goal.

The Genesis of the Scientific School of Accounting of Nizhny Novgorod State University Named After N. I. Lobachevsky in the System of Development of Economic Knowledge

Accounting science, as well as science in general, is in constant development and search for new forms, methods and concepts that are immanently embedded in the system of improving economic management. The purpose of the article is to scientifically argue the relevance of accounting knowledge as an integral part of economics on the example of the genesis of the scientific school of Doctor of Economics, Professor E. A. Mizikovsky. The results of accounting and analytical studies play a significant role in structuring the information and instrumental space of corporate management of business entities; in the development of managerial, production and tax accounting; in the formation of a scientific basis for audit and internal control; allow you to create a solid methodological basis for accounting (financial) accounting and auditing standards, strategies for their incorporation into advanced management practices. A significant achievement of scientific accounting thought is the successful development and widespread implementation of the Accounting Plan and Instructions for its application, flexibly adapted to the complex realities of economic life, the needs of public and corporate governance. In the course of the research, methods of historicism, structural-functional and systemic types of analysis were used; formalization, interpretation, evaluation and systematization of scientific data; a causal approach was applied. The article reflects the contribution of the scientific accounting school of Nizhny Novgorod State University named after N. I. Lobachevsky to the development of accounting and the formation of accounting science as a key, formative element of the system of economic knowledge and a catalyzing factor in the development of corporate management of enterprises.

The Power of Strategy in Advertising. A Brief Theoretical Approach

This study aims to theoretically emphasize the role of account planning in advertising. The main purpose is to persuade young professionals and students interested in the advertising field that a campaign should be perceived as an algorithm, where products, consumers’ desires, sales, or even the creative ideas are not the sole relevant aspects of success. Conversely, understanding consumers’ mentality, feelings, motivation, fears, and reasons for rejecting a brand is the crucial key for discovering the most effective way to build a loyal relationship with them. The paper explains the main concepts that guide every account planner to the right insight, such as brand awareness, brand capital, brand identity, brand associations, media strategy, positioning, and brand loyalty. Additionally, some concepts have been adapted to the Romanian local market to provide a clear understanding or, at the very least, motivation for the strategy. Why is account planning so relevant in the market, especially considering that agencies operate both globally and locally? There is a singular answer motivating the topic of this study, namely the instability of consumers influenced by such factors as technology, market evolution, unexpected desires, social development, and even professional updates

Methods for Predicting the Costs of Maintaining Nuclear Heritage Facilities in а Safe State

The relevance of the conducted research is determined by the need to control and forecast the costs of enterprises to maintain shutdown nuclear energy facilities in a save condition in order to solve budget planning problems. In the near future, an increase in operating expenses is expected due to an increase in the number of such facilities. To solve the problem econometric forecasting methods are used.Purpose of the research. This study is aimed to develop a methodology for estimating the costs of maintaining nuclear and radiation hazardous facilities in a safe condition and the safe storage of radioactive waste, considering the specifics of accounting at nuclear industry enterprises and forecasting such costs, taking into account plans for shutting down and decommissioning of facilities and removing accumulated radioactive waste from storage facilities in the future.Materials and methods. In the research there was developed the methodology of isolation from the overall structure costs, associated with maintaining shutdown facilities and storage facilities for radioactive waste of nuclear industry enterprises. A cumulative estimation of such costs has been carried out for facilities whose operation for the intended purpose has currently been discontinued. Based on obtained retrospective data, a correlation-regression model with structural changes was developed to predict the costs of maintaining nuclear energy facilities in a safe condition which are expected to be shut down in the future. The developed model allows considering the specifics of facilities, their level of radiation hazard and overall characteristics, the average level of wages at enterprises and the cost of resources.Results. Based on the plans for the shutdown and decommissioning of nuclear energy facilities and the disposal of radioactive waste from storage facilities, the costs of maintaining such facilities in a safe condition with a planning horizon up to 2050 have been forecasted. The results of calculations show that the costs for nuclear energy facilities (except for nuclear power plant units) will increase to 10 billion rubles per year by 2035 (in 2022 prices) and will significantly decrease after 2035 - up to 7.5 billion rubles per year. The reduction will be due to the transfer to a nuclear and radiation safe state of large facilities of radiochemical plants, as well as the conservation of sites for the placement of industrial uranium-graphite reactors. The costs of maintaining the storage facilities of accumulated radioactive waste in a safe condition will be reduced annually (almost linearly) as they are transferred to the disposal of the removed radioactive waste and the conservation of special radioactive waste facilities. By 2035, costs will be reduced from the current level of 5 billion rubles to 4.3 billion rubles per year.Conclusion. The results of the study confirm the high importance of the implementation of the Federal Target Program “Ensuring Nuclear and Radiation Safety for 2016-2020 and for the period up to 2035”, under which it is planned to decommission about 75 stopped nuclear and radiation hazardous facilities and transfer about 155 thousand cubic meters of radioactive waste to disposal.

The Impact of Cloud Computing on Developing Accounting Education at Private Universities in the Republic of Yemen: A Field Study

The study aimed to identify and measure the impact of cloud computing on developing accounting education from the perspective of academics in the accounting department and experts and technicians in the field of information technology in the Republic of Yemen. To achieve this objective, (180) questionnaires were distributed to a purposive sample in (25) private universities in Sana’a, but only (155) were valid for analysis. The study results revealed a positive impact of cloud computing (organizational readiness, and technological readiness, and environmental readiness) on developing accounting education. Based on the multiple regression analysis, the results showed that technological readiness has a high positive impact on developing accounting education, followed by the organizational readiness, and then the environmental readiness. The results also showed that the most available dimensions of developing accounting education from the sample’s perspective is teaching methods, followed by accounting plans and courses, and then the academic staff. The study recommends that, the Board of Trustees of private universities in Yemen need to adopt cloud computing technology for digital transformation in education. It also recommends that, there is a need to include accounting programs that are professionally used within the accounting curricula, activating field training, reconsidering the current accounting teaching methods, and amending accounting plans and courses to suit technological and technical developments as well as keep pace with the requirements of the labor market.

In the Scope of Draft Account Plan Compatible with Financial Reporting Standards Comparison of Statement of Financial Position Fund Structure in Terms of Valuation Measurements and Accounting Records

KGK tarafından yayınlanan “Finansal Raporlama Standartlarına Uygun Hesap Planı Taslağı” sunulan finansal bilgilerin gerçeğe ve ihtiyaca uygun, anlaşılabilir, doğrulanabilir ve karşılaştırılabilir olma niteliklerinin arttırılması amacıyla oluşturulmuştur. Ayrıca taslak, hesaplarda ve muhasebeleştirme esaslarında uygulamada tekdüzenin sağlanması ve işletmelerde denetimin kolaylaştırılması amacını da taşımaktadır. Çalışmada bu taslak Vergi Usul Kanunu (VUK), Tam Set Muhasebe Standartları (TMS/TFRS), Büyük ve Orta Büyüklükteki İşletmeler için Finansal Raporlama Standartları (BOBİ FRS), Küçük ve Mikro Düzeydeki İşletmeler için Finansal Raporlama Standartları Taslağı (KÜMİ FRS)’da yer alan ticari borçlar, verilen çekler, banka kredileri ve çıkarılmış tahviller karşılaştırılarak açıklanmaktadır. Karşılaştırma hem değerleme ölçüleri hem de muhasebeleştirme açısından yapılmıştır.

Public management reform under the dome of accruals (Presidential Decree 54/2018): Investigation of the effects on the financial information and the audit of the General Government entities

Presidential Decree 54/2018 legislated the introduction of accrual basis accounting from 1/1/2023 to all entities of the General Government of Greece in accordance with the European System of Accounts 2010. We study the effect of accrual basis accounting under the 54/2018 on financial information and audit of entities, as well as the transition process. The research was conducted using the qualitative method, the structured interview protocol was the data collection tool and the participants were the employees of the Third Department of the General Government Accounting Plan. We find that there will be objective information of the entity's financial position and performance, depreciation, provisions, impairments and fair value of assets. Transparency and accountability are strengthened, audits are facilitated to establish useful sound financial management, there is a central control of public finances and the phenomena of corruption and financing of public officials will be reduced. The job of the audit mechanisms is strengthened, audits become more effective and the way available resources are managed is more precisely controlled. Major difficulties during the transition are the lack of personnel and an appropriate accounting information system, and in combination with the covid-19 pandemic, it was noted that the transition cannot be implemented on 1/1/2023 and for that reason our results suggest an extension to 2025 for the transition, proposal which was implemented on July 30, 2022 with Law 4964/2022.
 
 EL Classifications: H83, P41, M48.
 Key words: Accrual Accounting, Accounting Reform, General Government, Accountability, Audit.

Institutional Reform to Promote Antiracism: A Tool for Developing an Organizational Equity Action and Accountability Plan.

Racism is a public health problem. Systems, structures, policies, and practices perpetuate a culture built on racism. Institutional reform is needed to promote antiracism. This article describes 1) a tool used to develop an equity action and accountability plan (EAAP) that promotes antiracism in the Department of Health Behavior at the University of North Carolina at Chapel Hill's Gillings School of Global Public Health, 2) strategies that were developed, and 3) short-term outcomes and lessons learned. A study coordinator, not affiliated with the Department of Health Behavior, was hired to collect qualitative data that documented the lived experiences of students and alumni of color (ie, racial and ethnic minority students) over time in the department. Seeking action from faculty and departmental leadership, students engaged in collective organizing covered the department chair's office door with notes describing microaggressions, and visited faculty one-on-one to demand action. In response, 6 faculty members volunteered to form the Equity Task Force (ETF) to explicitly address students' concerns. The ETF identified priority areas for action based on 2 student-led reports, gathered resources from other institutions and the public health literature, and examined departmental policies and procedures. The ETF drafted the EAAP, solicited feedback, and revised it according to 6 priority strategies with actionable steps: 1) transform culture and climate, 2) enhance teaching, mentoring, and training, 3) revisit performance and evaluation of faculty and staff, 4) strengthen recruitment and retention of faculty of color, 5) increase transparency in student hiring practices and financial resources, and 6) improve equity-oriented research practices. This planning tool and process can be used by other institutions to achieve antiracist reform.

Accounting Standardization in the Municipality of Elvas: stages and challenges

The biggest change of paradigm in the accounting system of the Portuguese public sector, take place in 1997 with the public sector reform, which materialized through the Public Official Accounting Plan. However, despite the important role played by this accounting standard, it could not keep up with international standards or the evolution of accounting in the private sector. These facts along with the multiplicity of accounting systems in the public sector and the strong need for international accounting harmonization, led, in 2015, to the approval of the Public Sector Accounting Standardization System. Thus, the emergence of new challenges in public management was the lever for the most recent reform of public accounting in Portugal operationalized by the Public Sector Accounting Standardization System and the Budgetary Framework Law. This applies to all central, regional, and local government institutions. Among local government institutions, municipalities are the most representative. Their transition from the Official Accounting Plan for Local Authorities to Public Sector Accounting Standardization System was expected to be a long and complex process mainly due to obstacles such as the adaptation of computer systems and the high number of procedures needed. Thus, this study analyzes the conceptual basis and describes the transition stages from the Official Accounting Plan for Local Authorities to Public Sector Accounting Standardization System in a Portuguese municipality. This work follows a qualitative methodology. The case study identified three critical factors for the successful implementation of the Public Sector Accounting Standardization System: human resources with experience and adequate training, adequate information systems, and institutional support from official public entities. This paper contributes to a proper application of the system through theoretical and practical explanation of the processes, at the accounting and technologies levels. By highlighting crucial points in a process of change, this paper also contributes to the success of changing processes in the public sector.

Forest Resources Projection Tools: Comparison of Available Tools and Their Adaptation to Polish Conditions

Over the years, various methods for estimating and projecting forest resources have been developed and are used by countries where the forest sector is important. Therefore, the obligation to report and account for forest resources, including changes in carbon stocks in a forest area, has gained attention. The latest regulations (Land Use, Land Use Change and Forestry—LULUCF) requires European Union (EU) members to annually report and publish national accounting plans estimating emissions and removals from managed forest areas (Regulation EU 2018/841). The major challenge is to choose and adapt a unique tool for this accounting. At the same time, they need to provide reliable estimates that are recognized by regulators and control authorities. This study focuses on comparing the adaptation of two accounting frameworks: the Operational-Scale Carbon Budget Model of the Canadian Forest Sector (CBM-CFS3) and the European Forest Dynamics Model (EFDM). Both tools are based on National Forest Inventory (NFI) data. It is assumed that the EFDM can provide similar results to the CBM-CFS3, which is already used in Poland. Implementing the EFDM and adapting it to Polish conditions could facilitate forest management decision-making and the preparation of forest policies. The main objective of this study was to compare and validate the accuracy of the results obtained with the EFDM framework. Metrics compared using both tools included growing stock volume, biomass of growing stock expressed in carbon units and age–class distribution over area. The comparison was based on the agreement of EFDM with CBM-CFS3 results. The volume of logging was taken from the EFDM and compared with the values obtained by Statistics Poland. This study also provides a guide for framework parameterization directly from the Polish National Forest Inventory data from the 2010–2015 cycle. Our main findings are that the results of the two models are reasonably comparable (the extent of deviation is acceptable). Moreover, the first implementation of the EFDM showed that it is an easy-to-use open-source program that allows forest managers to implement their own settings according to their needs. This document elucidates the concept of using both frameworks under Polish conditions and provides an impression of their performance for future modelers, students and researchers.

State-based retirement plans: why or why not

Many Americans are financially unprepared for retirement. To address this issue, some states have proposed and/or passed legislation to implement statebased, automatic individual retirement account (IRA) plans. With only five states passing legislation, we discuss some of the program design considerations, with a focus on how decisions regarding these considerations impact participation and cost and, ultimately, the feasibility of state-based retirement plans. Next, we analyze the characteristics of the states that have proposed legislation related to state-based retirement programs and those that have not to determine if there are any systematic differences. We also conduct similar comparisons of those states that have successfully passed legislation and those that have proposed but not yet passed state-based retirement plan legislation.

Calculation methods of a combined resourcesaving system of manure removal on pig-rearing complexes

Relevance. The use of liquid fraction of pig manure as technical water for manure removal is a resourcesaving solution. Applying this solution in designing combined resource-saving manure removal systems requires calculation and accounting methods for the manure nutrients and suspended matter, which pass into the solid and liquid fractions during manure separation. The study aimed to develop a methodology for calculating the quantity and quality of manure fractions for the case when a part of the liquid fraction would be used in the manure removal system.Methods. Calculations were based on the data from a pig rearing complex located in the Leningrad region, with 65,100 heads on the complex at any one time. The calculation results were compared with the actual values from the protocols of laboratory analyses.Results. The developed methodology will allow the farm to make a more efficient accounting plan for nutrients passing into organic fertilisers. It will also save up to 47 450 tons of clean water for the manure removal system per year.

Funding Allocations and Human Resources: Identifying Opportunity Gaps for English Language Learners in “Low-Achieving” and “High-Achieving” Districts in California

English language learners (ELs) often attend schools where there are (1) inequitable access to appropriately trained teachers and limited professional development opportunities, (2) inadequate instructional time, and (3) inequitable access to instructional materials and curriculum. These conditions place ELs at a considerable disadvantage. Research aimed at analyzing budget accountability plans can help us gain a better understanding of EL-specific allocations that are most associated with student achievement. This qualitative research analyzed six California districts’ locally controlled budget plans to determine differences in funding allocations and targeted personnel funding for English language learners. Budget analysis revealed that all six districts dedicated the largest portion of their budgets to teachers and staff. Different allocation trends were seen between high- and low-achieving districts; but overall, districts did not have a major focus on the academic and personnel needs of ELs and their college and career readiness. Four districts dedicated at least some funding to ELs (0.09–2% of total budget), but there is a lack of targeted hiring for the quality staffing needs of ELs. Without access to appropriate resources and personnel, ELs cannot be expected to have the same opportunities as their non-EL peers.

Impact of the Construction of New Port Facilities on Primary Production of Plankton in the Neva Estuary (Baltic Sea)

A significant increase in the human population on marine coast and steady growth of maritime water transport causes the construction of port infrastructure and the creation of new lands, which affects the ecosystems of coastal waters. Despite the widespread occurrence of such large-scale engineering projects in coastal areas, their impact on various components of aquatic ecosystems, including phytoplankton, is still poorly understood. The aim of the study was to assess the effect of the construction of ports and the alluvium of new lands in the Neva Estuary in 2000s on the productivity of phytoplankton. Digging and dredging of bottom sediments results in one order of magnitude elevation of suspended particulate matter (SM), which mostly consisted of sand and clayed deposits and in significant decrease water transparency, as compared to the average long-term values. Concentrations of total phosphorus in the estuarine waters during the works significantly positively correlated with the concentrations of SM. However, the multiple increase in nutrients was less important for phytoplankton development than expected. Analysis of variance and stepwise multiple regression analyses showed that the main predictor of the primary production of plankton in the periods of construction was water transparency. Gross primary production decreased significantly. In contrast to short-term effects caused by wind-induced events, which often stimulated phytoplankton development, long-term construction works of new port facilities negatively influenced phytoplankton productivity. Apart from pristine conditions when the phosphorus concentration was the main factor limiting the primary production in the estuary, the main limiting factor during long-term engineering projects became water transparency. Taking into account plans for further development of ports in coastal areas around the world, the influence of the large-scale engineering projects on the conditions for the development of phytoplankton may provide a new aspect of long-term regulation of algal blooms and ecosystem functioning in the coastal and estuarine zones.

Analysis of the Results Structures Corresponding to a Joint Stock Company

The financial-accounting information with the highest degree of dynamism is the one related to results or performances. Each company is interested in maximizing the turnover, as an expression of the sales revenues (group 70 in the General Accounting Plan, in generic terms), but particularly of the net profit, as a concrete form of manifestation of an adequate management of the patrimony. The results are pointed out in the balance sheet in the form of the net global result, as a distinct position at the equity level. Using the balance sheet for the purpose of recording the current operations, including pointing out of the result only with its help, has some inconveniences, among which the impossibility of determining the results directly and exclusively at balance sheet level or the insufficiency of the information fund regarding the results. Modern accounting resorts to another model for the purpose of setting up and recording the results, namely at the profit and loss account (the results account). It emphasizes the composition of the annual financial statements, presenting the company’s financial performances in double structuring, by causes/consumptions/expenses, effects/encashed elements or to be encashed/ incomes, respectively. The results account is also called the income statement.

EU Forest reference levels: The compatible harvest volumes compiled and assessed in terms of forest sector market development

This study assesses harvest levels compatible with the reference levels for forest management sinks (FRLs) within the EU, the UK, and Norway (EU + UK + N). A detailed examination of the harvest data and the National Forest Accounting Plans of the countries within this region reveals that the countries have calculated their FRLs based on different modelling approaches and that the quality of data used has not always been sound. The process of preparing the FRLs has most likely contributed to improvements in this regard, but obtaining comparable and reliable data on the harvest levels compatible to the FRLs still represents a challenge. We estimated that within EU + UK + N, the aggregated FRL-compatible harvests would be 597 Mm3/a over bark for the first compliance period 2021–2025 and 619 Mm3/a over bark for the second compliance period 2026–2030. Comparing the FRL-compatible harvest levels to future harvests projected by linear trend and by global forest sector modelling, we found that some of the countries seemed likely to reach their FRLs without needing to deviate from their market-driven harvests, whereas the region as a whole would not reach its FRLs without measures taken to decrease the harvests. If harvests would be reduced from the market driven levels, it would cause harvest leakage to the other countries. We found that for each 1 m3 of roundwood harvest reduction in EU + UK + N in year 2030, roundwood harvest would increase by some 0.64 m3 in rest of the world, giving a leakage rate of 64%. In addition to harvest leakage, there would also be some leakage of forest industry production. The leakage effect strongly weakens the effectiveness and cost efficiency of reducing harvests in the EU as a policy means for climate change mitigation.

Developing a renewable energy planning decision-support tool: Stakeholder input guiding strategic decisions

Competing land-use demands associated with planning for renewables is resulting in growing social and political challenges. Spatial decision-support tools are being developed and applied to tackle some of these challenges by facilitating systematic identification of suitable development sites based on technical, environmental and socio-economic criteria. Nevertheless, decision-support tools are often developed with limited input from stakeholders affecting participative and accountable planning and decision-making. This paper aims to address this shortcoming and foster greater transparency in the development of support tools for renewable energy planning, and thus in siting decisions. It present and discusses a stakeholder-driven approach to the co-creation of an online decision-support tool that attends to planning policy, technical considerations, environmental protection and social concerns influencing renewable energy planning decisions in Ireland. This bottom-up approach, easily transferable to other jurisdictions, fosters proactive expert input, awareness raising and greater comprehensibility and acceptance of siting decisions. It also enables developing an interface that responds to users’ needs. The paper contributes to advancing renewable energy planning practice through effective and meaningful stakeholder engagement that supports transparent and accountable decisions from the outset. It also highlights ongoing data and technological shortcomings affecting the integration and operationalisation of stakeholders demands and needs, which signal priority areas of action to further advance the development of renewable energy decision-support tools.

Эволюция планов счетов в российской практике: бухгалтерский и управленческий аспекты

The uniformity of approaches on the part of owners and investors to the strategic assessment of the results of the activities of economic entities obliges legislators to set certain requirements for the tools for the formation of accounting and reporting information in such entities. Such tools rightfully include the accounting chart of accounts, which allows you to transform analytical information about economic activity into accounting statements. At the same time, the chart of accounts is designed to provide not only the management strategy of the entity, but also the tactics of management actions. Nevertheless, on the part of legislators, such an orientation of the chart of accounts is not provided with any recommendations today. In this regard, the article aims to analyze the evolution of national accounting plans of accounts in relation to cost accounting in order to identify current problems that hinder the use of the chart of accounts for the needs of management activities. The theoretical and methodological basis of the research in the article is the legally approved account plans in various historical periods. Using such general scientific methods as analysis and synthesis, as well as dialectical and logical approaches to the structure of the charts of accounts, the article substantiates the need to expand the resource of the modern chart of accounts to strengthen the management capabilities of the business. The article summarizes the dynamics of changes in the cost accounting accounts in the account plans and the reasons for such changes. It was concluded that the state’s desire to unify cost information and calculation technology led to a uniform orientation of economic entities to use those accounts that were legally recommended in the plans of accounts. The consequences of this approach are analyzed, which consist in limiting the ability to determine the impact of business participants on the profit of an economic entity. Despite the updated chart of accounts in a market economy, the work focuses on its new capabilities for cost management. In this regard, the possibility of using the current chart of accounts to go beyond the historically established methods of cost accounting and develop management accounting techniques is justified. As recommendations, a component of the working chart of accounts for managerial cost accounting is proposed, which can be used in applied business administration as an application to accounting policy.

Implementing a business intelligence cost accounting solution in a healthcare setting

The health system environment in Portugal is a constant concern for our society. In view of this, like any other sector, the hospital area has a complex structure containing a large volume of information, which makes the decision-making process difficult. With this, there is a need to improve the management of health institutions’ services and resources. Taking this into account, the solution involves the transformation of the current system with the help of information systems to be implemented. Thus, the idea of implementing information systems that use Business Intelligence in hospitals arises, the focus of this project is to assist managers in the analysis of analytical accounting. In partnership with the Centro Hospitalar Universitário do Porto, it was decided to explore the use of Business Intelligence, with the objective of implementing a complementary solution to the existing cost accounting plan, with the objective of improving efficiency and providing managers with new tools for manage your resources and plan for the future as needed.